MCQ Practice Single Best Answer Topic: Configure and manage products and inventory in Dynamics 365 Supply Chain Management

Q Which one of the following Supply Chain Management functionalities helps companies collect data from various sources, such as the general ledger, subledgers, budgets, and statistical information?

Question ID

#24232

Subchapter

Configure and manage products and inventory in Dynamics 365 Supply Chain Management

Action

Choose one option below

Choose Your Answer

Click an option to check whether your answer is correct.

A Procurement and sourcing ✔ ✖
B Inventory management ✔ ✖
C Cost accounting ✔ ✖
D Warehouse management ✔ ✖

Correct Answer: C

Explanation

❌Option A: Procurement and sourcing: Procurement and sourcing covers all the steps from identifying a need for product and services through procuring the product, receipt, invoicing, and processing of payment with vendors.
❌Option B: Inventory management: You can use Inventory management to perform Inbound operations, Quality assurance, Inventory activities, Outbound operations, and Inventory control.
✔️Option C: Cost accounting lets you collect data from various sources, such as the general ledger, subledgers, budgets, and statistical information. You can then analyze, summarize, and evaluate cost data, that management can make the best possible decisions for price updates, budgets, cost control, and so on.
❌Option D: Warehouse management: Warehouse management lets you manage warehouse processes in manufacturing, distribution, and retail companies. This module has a wide range of features to support the warehouse facility at an optimal level, at any time.

Q Which one of the following Supply Chain Management functionalities helps companies collect data from various sources, such as the general ledger, subledgers, budgets, and statistical information?

Choose Your Answer

Explanation

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